With fuel prices still much higher than before the Middle East war began, the risks of further spikes in inflation and more rate rises this year have not gone away.
Articles on Inflation
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Diesel has become South Africa’s shadow infrastructure system by compensating for failures in electricity generation and freight rail.
Economist Can Cinar talks to The Conversation Weekly podcast about how Javier Milei’s policies to cut inflation are making Argentinians feel poorer.
Even under its worst-case scenario, the government says growth will slow but not stall.
Willy willies, those small tornado-like dust storms often seen in the outback, will pop up all over the political landscape in the next week. Watch out for spin.
The central bank has also forecast higher inflation and slower economic growth.
The Reserve Bank will make the call next Tuesday. It’s expected to raise rates to crack down on inflation, before it becomes entrenched.
The way we deal with rising inflation is highly problematic.
Donald Trump’s false claims about the Iran War, Epstein files, tariffs and inflation have left some supporters who have traditionally believed all he says feeling duped and abandoned. Why now?
Inflation has fallen in Argentina, but at enormous cost.
The sad truth is that African countries cannot avoid being harmed by the current Gulf war. But they can make efforts to emerge from the crisis in a better place.
Modelling shows higher costs affecting freight, food production, and manufacturing – pushing up the cost of all kinds of goods, from steak to steel.
The world could be facing an unprecedented energy shock if oil supplies remain choked.
Modern economies are better prepared for an energy shock than in the 1970s, but there are still big risks ahead.
By promoting politically expedient misinformation on a show like Joe Rogan’s, Pierre Poilievre appears intent on pushing dangerous and misleading claims that resonate only with his base.
The universal fear is the effect the rise in prices is having on fuel, a staple commodity in every one of the countries for ordinary people as well as industries.
One of the biggest risks for central banks is that worries about higher inflation become embedded in people’s thinking.
The second rate hike this year will add another $100 a month to the average mortgage, just as fuel prices are surging.
Former RBA insiders say past rates decisions have been influenced by the housing market.
Mass panic buying creates new problems for everyone that otherwise wouldn’t exist. To get people to stop, we need to give them a smarter message.
Top contributors
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Professorial Fellow, University of Canberra
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Senior lecturer, Canberra School of Government, University of Canberra
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Scientia Professor of Economics, UNSW
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Associate Professor, School of Economics, University of Sydney
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Professor of Economics & Business, Allegheny College
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Associate Professor of Business, Boston University
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Associate Professor of Finance, Mississippi State University
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Senior Lecturer in Economics, The Open University
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Visiting Professor at the Business School, University of the Witwatersrand
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Professor of Economics, University of Nebraska Omaha
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Lecturer in Economics, Monash University
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Professor of Economics, University of Canberra
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Associate Professor, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Associate Professor of Economics, Pace University